Internal investigations have a variety of triggers and are often initiated to explore allegations of potential fraud, bribery and corruption, data leakage, or anticompetitive behavior. The common objective of all internal investigations is to determine the facts, including whether employee misconduct has taken place. Effective handling of these investigations is crucial, since mishandled investigations can result in reputational damage and financial losses to an organization. In addition, well-planned and well-executed internal investigations can add value to the organization by identifying control weaknesses, leading to improvements that may prevent a recurrence of the incident. How can an organization ensure that internal investigations are handled appropriately and tackle the decision points and dilemmas which arise during the life cycle of an investigation?
- Data retrieval, preservation, and analysis
- Stakeholder management
- Conflict management